Acceptable Obligors definition
Acceptable Obligors means any Person listed or Affiliated Group on Schedule 2 to the First Lien Facilities (as modified from time to time in accordance with Section 2.17 thereof) and such other Persons that are acceptable to the lenders under the First Lien Facilities (or, at any time after the First Priority Obligations Payment Date, the Lenders) in their reasonable discretion.
Acceptable Obligors means any Person or Affiliated Group listed on Schedule 1.2 hereto (as modified from time to time in accordance with Section 2.16).
Acceptable Obligors means the Acceptable Domestic Account ------------------- Debtors, the Acceptable Foreign Account Debtors and the Acceptable Major Account Debtors.
More Definitions of Acceptable Obligors
Acceptable Obligors shall be the Persons listed on Schedule 4 hereto and such other Persons or Affiliated Groups that are acceptable to the Lenders in their reasonable discretion; provided, however, that the Administrative Agent may from time to time by written notice to the Borrower (which notice shall be prospective only, i.e., to the extent that removing such Person or Affiliated Group from the Acceptable Obligor list would otherwise result in a mandatory prepayment by the Borrower, such removal shall not be given effect for purposes of such mandatory prepayment, but such removal shall nevertheless be effective for all other purposes under the definitive loan documentation immediately upon the Borrower’s receipt of such notice) delete such Person or Affiliated Group as the Administrative Agent, acting in good faith, may in its discretion deem appropriate; and provided, further, that to the extent practicable any such notice of deletion of any such Person of Affiliated Group shall include a statement of the Administrative Agent of the reasons for such deletion, it being understood that the absence of or any inadequacy in such statement shall not render such notice of deletion invalid.
Acceptable Obligors means any Major Studio and any other Persons identified on Schedule 2.13(a) with respect to Covered Pictures and Schedule 2.13(b) with respect to Covered Television Product (as modified from time to time in accordance with Section 2.13).
Acceptable Obligors means any Major Studio and any other Persons identified on Schedule 2.13(a) with respect to Covered Pictures and Schedule 2.13(b) with respect to Covered Television Product (as modified from time to time in accordance with Section 2.13). “Acceptable Tax Credit” means, with respect to a Covered Product, the amount of any Qualifying Tax Receivable for such Picture or Television Product (discounted to present value on a quarterly basis in the case of amounts which are not expected to be received within twelve (12) months following the date of determination by a rate of interest equal to the Discount Rate), and it being understood that Borrowing Base credit for a Qualifying Tax Receivable may be obtained on a “provisional” basis), so long as the following criteria are satisfied: (a) the relevant Credit Party has (i) applied for such Qualifying Tax Receivable and either (x) received from the appropriate Governmental Authority a clear acceptance or approval of the initial application for such Qualifying Tax Receivable (including an eligibility certificate in respect of such Qualifying Tax Receivable if the same is offered by such Governmental Authority) for the Covered Product to which such Qualifying Tax Receivable relates (any such acceptance or approval, an “Approval Certificate”) and has been provided with or has requested to be provided with (if such estimate is offered by such Governmental Authority) an estimate from the appropriate Governmental Authority of the amount of such Qualifying Tax Receivable to which such Credit Party will be entitled or (y) if applicable with respect to the particular jurisdiction at issue, prior to inclusion in the Borrowing Base, provided confirmation (in form and substance reasonably satisfactory to the Administrative Agent) from the appropriate Governmental Authority that there are sufficient appropriations and/or space under any budgeting cap to pay the Qualifying Tax Receivable in the amount and at the time anticipated by the relevant Credit Party, and (ii) filed all certificates, forms and documents (including, if required, such Credit Party’s income tax return) required under the applicable legislation to be filed (through the applicable date of determination) in order to claim such Qualifying Tax Receivable; (b) sufficient activity has occurred or the Administrative Agent shall have received (for the benefit of the Secured Parties) a third party guaranty (which may be a Completion Bond) in favor of the Administrative A...
Acceptable Obligors means any Person listed or Affiliated Group on Schedule 2 hereto (as modified from time to time in accordance with Section 2.17 hereof) and such other Persons that are acceptable to the Lenders in their reasonable discretion.